Commercial Real Estate Market in Bishop, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
17 active listings and 559 off-market properties in Bishop, CA. Commercial property asks $159/SF to buy and $12.88/SF/Yr to lease.
Market Trends
Bishop, CA spans 1,107.9 square miles in Mono County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Bishop, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Bishop, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Bishop, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Bishop, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.1%
- Commercial 22.8%
- Industrial 12.5%
- Open space 7.6%
Largest Zones share of zoned land by district
Single Family Residential
General Commercial And Retail
Public
Multiple Residential
Open Space
Bishop, CA zones 1,203 acres across 16 districts. Commercial zoning covers 22.8% of zoned land, residential 44.1%, open space 7.6% and industrial 12.5%. The largest single district is Single Family Residential at 18.8%. For commercial buyers the practical constraint is that only 35.3% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
To provide for the development of single-family dwellings, not more than one such dwelling on each lot, and for such accessory uses as are related, incidental and not detrimental to the residential environment
Market overview
Demographics & Economy
Bishop, CA has 14,604 residents in 7,118 households. Density runs 13 people per square mile. Median household income here is $81,420 and median gross rent $1,340 a month.
14,604
Population
7,118
Households
2.1
Avg Household Size
46
Median Age
37%
College-Educated
92%
High-School Grad
1107.9 sq mi
ZIP Area
13
Density / Sq Mi
$81,420
Median Household Income
$49,550
Median Earnings
$1,340
Median Rent
$432,299
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Bishop?
Commercial property in Bishop, CA asks an average of $159 per square foot. The 5 most recent recorded sales traded at a median of $102/SF, so asking sits 56% above the achieved median.
How much does it cost to lease commercial space in Bishop?
Asking lease rates in Bishop, CA average $12.88 per square foot per year.
What zoning applies to commercial property in Bishop?
Bishop, CA zones 1,203 acres across 16 districts, of which 22.8% is commercial and 12.5% industrial. The largest single district is Single Family Residential at 18.8% of zoned land. To provide for the development of single-family dwellings, not more than one such dwelling on each lot, and for such accessory uses as are related, incidental and not detrimental to the residential environment Residential zoning covers 44.1% and open space 7.6%.
Where does Realmo's Bishop market data come from?
Realmo compiles Bishop, CA figures from 6 recent recorded sales, 13 active sale listings, 4 active lease listings, 559 tracked off-market properties, the current Bishop zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 4 active for-lease listings in Bishop, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,203 zoned acres across 16 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
